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GMEC Stock Price, Chart, Stats & News
Corgi GME 2x Daily ETF
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Corgi GME 2x Daily ETF (GMEC) does not currently pay a dividend.
Trading--Leveraged Equity
Category
0.45%
Expense ratio
269,514
Assets
GMEC chart
GMEC returns
| 1Y volatility | 0.00% |
| 3Y volatility | 0.00% |
| Sharpe ratio | 0.00 |
About
GMEC seeks to deliver 200% of the daily performance of GameStop Corp. (GME), through derivatives such as swap agreements and exchange-traded equity futures to create leveraged exposure. The portfolio is rebalanced at the end of each trading day to maintain its targeted leverage level, meaning returns over periods longer than a single day can differ significantly from two times the cumulative return of GME due to compounding effects. Collateral supporting these derivative positions may be invested in money market instruments, repurchase agreements, or short-term US government securities.
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